My local BMW is advertising a 2018 loaded 330E for 20% on their website - the car’s MSRP is 56,275
I am looking at a 24/10 and know that the residual is 67 on 24 mo’s/10k?
my question is how much should I expect to bid/pay for this vehicle considering the 6000k lease credit and 1000k loyalty I qualify for?
I am sure they would not add those to the 20% off MSRP or the car would be in the ridiculous 200’s per month including tax (mine would be 7% on the total value of lease and I used .0022 MF) or should they?
Any insight on how to proceed with this deal considering the high discount and additional credits?
Thanks for your input and sorry I don’t have offer sheets to share yet.
Cheers,
it’s a new one. other deals are not much relevant but the MSRP advertized discount is very aggressive and they may tell me its not valid on a lease.
as I am somehow of a Newby would these 6000+1000 rebates be calculated as taxed incentives?
Are the dealerships obliged to apply incentives?
20% on loaner before Incentives is about right for a RWD car especially if you are in where its cold now. But looks like this is a new one based on the Residual you mentioned.
Most likely the 20% advertised is with lease cash but not loyalty. Not everyone reading that advertisement has a BMW so you definitely should get that extra loyalty.
They are discounting $5255 on a 56,275 MSRP which is only 9.33% before lease cash. I think you can get them to 13-14% before applying the 6K lease cash.
I think it depends on your state. Not really sure. But I believe anything that is a customer incentive is taxed everywhere, while dealer incentives are not. But I’ve been told ALL are taxable in some places. I know nothing for sure.
With $7k of available incentives, a total of 20% off is not great. As HN stated, on a new one, look for a discount in the teens before the $7k deduction.
ok thanks for the heads up - frankly If I added the 20% and incentives that would be a hell of a Unicorn deal. let me start with 15% off MSRP’s + incentives. Will keep you posted.
It’s another rebate you can qualify for if you did a BMW event in the last few mos. $500 of the $1000 comes from BMW. The rest from your dealer if they are willing. My dealer “qualified@ me for one 2 years ago. I’d done an event but it had expired. Pleasant surprise.
Just get on the phone and ask them if the 20% off is inclusive of all available rebates. Don’t even mention that you are thinking about leasing the car. Depending on their response, you will know if you can stack the $6,000 + $1,000 to it.
Seems all dealers I have stumbled upon here in GA are marking it up to the max. Looks like I will be going for a different brand after 8 years…
And the search continues for the elusive 50k vehicle for 450/Mo - 0 DAS
I am down to 534$ / mo including taxes 0 DAS.
24/10 after they lowered the MF. I believe I am still only getting 10% off MSRP
I still don’t like this deal gotta be below 500$ for this discontinued model
Can’t they apply the rebate as dealer cash discount and why doesn’t that paper they gave you show the rebate ? It just seems like you should be a lot lower than that considering 7k rebates and a substantial dealer discount unlesss they are marking the MF sky high try a different dealer
